You are here

'Toxic trio' of emerging markets smelling of roses

Argentina's rally has come on the back of the surprise election victory for Mr Macri (centre), who has vowed to return the country to global markets.


LABELLED the emerging market "toxic trio" until not so long ago, the high-yielding bonds of Ukraine, Argentina and Venezuela have come up smelling of roses for those who were brave enough to buy into them at the start of the year.

Ukraine's debt restructuring, pro-business...